Federal Funding Relief Updates
SBA PPP Loan Portal Reopens

The PPP portal, previously opened to community financial institutions, is now open to all participating PPP lenders to submit First and Second Draw loan applications to SBA.
 
Targeted EIDL Advance

The Targeted EIDL Advance provides businesses located in low-income communities with additional funds to ensure small business continuity, adaptation, and resiliency. 

Advance funds of up to $10,000 will be available to applicants located in low-income communities who previously received an EIDL Advance for less than $10,000, or those who applied but received no funds due to lack of available program funding.

Recently announced:
Applicants do not need to take any action at this time.
SBA will reach out to those who qualify via email.
EIDL Loan Deadline Extended

SBA’s EIDL Loan deadline has been extended from Dec 31, 2020 to Dec 31, 2021. (Please note this relates to the EIDL Loan NOT the EIDL Advance grant program explained above.) 

Resources for applying and updates on COVID-19 Relief Programs

LIVE WEBINAR
Jan 26 @ Noon
 
This webinar will cover:

·    PPP Guidelines for First-Time and Second-Round Applicants

·    PPP Revised Eligibility, Uses, & Forgiveness

·    Economic Injury Disaster Loan (EIDL) & Targeted Advance - Availability & Eligibility

·    Overview of Shuttered Venues Program

There is no charge for this webinar but advance registration is required.
Can't attend our upcoming webinar?
 
Our latest recording is now available.
 
Plus we have outlined the program details for you on our website. 
IRS to Start Tax Filing for 2020 Returns on February 12

The Internal Revenue Service announced that the nation's tax season will start on Friday, February 12, 2021, when the tax agency will begin accepting and processing 2020 tax year returns for individual tax return filers.